News archive

News archive - May-2017

The benefits of the uptick in agricultural production are already reflected in producer price inflation. Data released this morning showed that South Africa’s food producer price inflation slowed to 5.7% y/y in May 2017 from 6.4% in April 2017 - Wandile Sihlobo, Agbiz economist

Despite revising the country’s soybean production forecast to 1.23 million tonnes in May, the Crop Estimate Committee has again winched up its forecast to 1.34 million tonnes – making this season’s crop the largest on record - Wandile Sihlobo, Agbiz Economist

The outcome of the review of the dollar-based reference price and variable tariff formula for wheat was released this morning. The review was initiated by the government in April 2016 due to concerns about the impact... - Wandile Sihlobo

It is indeed a rare opportunity in the history of South Africa, given its fractious past and legacy of conflicts, that a vision is developed that finds significant favour and support with the majority of people across its immense diversity. This vision is captured in... - John Purchase, Agbiz CEO